42, NEWBRIDGE LANE, TRURO, TR1 3JS - £430,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

42 NEWBRIDGE LANE is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £430,000 in April 2022, which was around 1% above the average April 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

42 NEWBRIDGE LANE Sold Prices

Land registry data shows three sales for 42 NEWBRIDGE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 42 NEWBRIDGE LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 21 APR	£430,000	£427,134	1% above HPI
2001 5 OCT	£150,000	£139,774	7% above HPI
1997 18 FEB	£85,000	£77,551	10% above HPI

42 NEWBRIDGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 42 NEWBRIDGE LANE sales between February 1997 and April 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 42 NEWBRIDGE LANE?

42 NEWBRIDGE LANE is 114m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 42 NEWBRIDGE LANE lies on this distribution: 49% of detached houses are smaller than 42 NEWBRIDGE LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Truro.

42 NEWBRIDGE LANE: Plot and Title Map

42 NEWBRIDGE LANE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 42 NEWBRIDGE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 42 NEWBRIDGE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 42 NEWBRIDGE LANE?

42 NEWBRIDGE LANE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 42 on NEWBRIDGE LANE.